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Consumer spending drop dents Cargojet earnings: CEO

Consumer spending drop dents Cargojet earnings: CEO

MISSISSAUGA, Ont. — The slide in consumer spending has squeezed Cargojet Inc.'s bottom line, its CEO says, as Canadians shell out less on goods that land on shelves and doorsteps after a trip by air freighter.
Portuguese prime minister resigns after being caught up in corruption probe

Portuguese prime minister resigns after being caught up in corruption probe

LISBON, Portugal (AP) — Portuguese Prime Minister António Costa said Tuesday he is resigning after being involved in a widespread corruption probe.
Ballard Power Systems reports Q3 loss, revenue up nearly 30% from year ago

Ballard Power Systems reports Q3 loss, revenue up nearly 30% from year ago

VANCOUVER — Ballard Power Systems Inc. reported a larger loss in its latest quarter compared with a year ago despite a nearly 30 per cent rise in revenue. The fuel cell company, which keeps its books in U.S. dollars, says it lost US$62.
Power producer TransAlta reports Q3 profit up from year ago

Power producer TransAlta reports Q3 profit up from year ago

CALGARY — TransAlta Corp. reported its third-quarter profit rose compared with a year ago as its power production and revenue also came in higher.
Pet Valu reports Q3 profit down from year ago, revenue up

Pet Valu reports Q3 profit down from year ago, revenue up

MARKHAM, Ont. — Pet Valu Holdings Ltd. reported net income of $18.0 million in its latest quarter, down from $27.0 million a year ago, even as its revenue rose.
'Doesn't make sense': Business leaders say halted trade talks harm India and sa¹ú¼Ê´«Ã½

'Doesn't make sense': Business leaders say halted trade talks harm India and sa¹ú¼Ê´«Ã½

MONTREAL — Business leaders continue to grapple with fallout from the rift between the Canadian and Indian governments, saying the suspension of free trade talks helps no one.
Small businesses still hoping for CEBA loan forgiveness extension as time runs out

Small businesses still hoping for CEBA loan forgiveness extension as time runs out

OTTAWA — As the deadline to repay pandemic loans and receive partial forgiveness approaches, small businesses are still hoping the federal government will reverse course and extend it for another year.
Fortnite maker accuses Google of bullying and bribing to block competition to its Android app store

Fortnite maker accuses Google of bullying and bribing to block competition to its Android app store

SAN FRANCISCO (AP) — Google on Monday confronted the second major U.S.
CRTC allows smaller internet companies to sell service over telecoms' fibre networks

CRTC allows smaller internet companies to sell service over telecoms' fibre networks

TORONTO — In a move it says is meant to revive dwindling competition for internet services in sa¹ú¼Ê´«Ã½'s two largest provinces, the CRTC will allow independent competitors to sell over the large telephone companies' fibre networks in Ontario and Quebec
Guilbeault says no more carbon price carve outs on his watch, as Tory motion fails

Guilbeault says no more carbon price carve outs on his watch, as Tory motion fails

OTTAWA — Environment Minister Steven Guilbeault said Monday he will not stand for any further adjustments to sa¹ú¼Ê´«Ã½'s carbon-pricing system as a Conservative motion calling for more carve-outs failed in the House of Commons.